Hello dear readers, especially to all users who love cryptocurrencies, this time we will talk a little about the continuous rise and fall that cryptocurrencies have been developing in recent months.
In addition, certain macroeconomic scenarios caused the cryptocurrency market to succumb last year, and internal problems such as LUNA and FTX caused investors to hesitate.
On the other hand, it is worth remembering that the previous year was not a good cycle for cryptocurrencies, this if we take into account that with the repeated falls in the Bitcoin price action.
Repeated price falls were followed by the collapse of LUNA, which over time cooled to a certain stability, and when everything seemed to calm down, there was the controversial case of the digital asset exchange platform FTX.
However, despite the bearish scenario of the previous year, I must point out that this first week of the year 2023 has generated a certain sense of optimism because Bitcoin is in the green, and alternative cryptocurrencies have not registered significant losses in this first week of the year.
OBSERVATION:
The cover image was designed by the author: @lupafilotaxia, incorporating image background: Coin360
